 My name is Richard Calland. I'm a professor of Law and University of Cape Town and also a fellow of the Cambridge Institute for Sustainability Leadership And I've been asked over the past year or so to develop a new strategy for our engagement with boards Our point of view is that boards matter. They've always mattered But as the legal and corporate governance Landscape shifts so the risks and opportunities for companies But especially for boards and the directors who sit on boards is really changing seems to me there's a step change required of board members and that they need to look out of the window see that opportunity Recognize the risks involved and then to begin to rethink how they direct Oversea and are accountable for the organizations that they have the buck really does stop with them now We have engaged a number of people in an advisory group and some of those people are going to be the Interviewees that I will discuss and explore these various issues with over the course of the coming months